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BUSINESS

Jobless rate hits 1.2% due to drought

News, Chatrudee Theparat, Published on 27/05/2017

» The unemployment rate in the first quarter rose to 1.2%, or about 400,000 people, up from 0.97% in the same period one year earlier and worsening from 1% in the previous quarter, according to the National Economic and Social Development Board (NESDB).

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BUSINESS

BoT losses taper off

Business, Pawee Sirimai, Published on 27/05/2017

» The Bank of Thailand's net loss narrowed by 9% to 80.8 billion baht in 2016, with the central bank saying its accumulated losses would not affect operations.

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BUSINESS

China may change yuan fixing formula

Business, Bloomberg News, Published on 27/05/2017

» China is considering changes to the way it calculates the yuan's daily reference rate against the dollar, a move that's likely to reduce exchange-rate volatility while undermining efforts to increase the role of market forces in Asia's largest economy.

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BUSINESS

Nok Air shares gobbled up

Business, Boonsong Kositchotethana, Published on 27/05/2017

» Nok Air confirmed yesterday that almost 82% of its new share offering was taken up despite the refusal of Thai Airways International (THAI) to exercise its subscription rights.

BUSINESS

Neo Suki eyes B1bn in sales

Business, Pitsinee Jitpleecheep, Published on 27/05/2017

» Neo Suki Group has set an aggressive expansion plan to double the size of its food and logistics businesses to 1 billion baht over the next five years.

BUSINESS

ICBC, bankers sign EEC MoU

Business, Lamonphet Apisitniran, Published on 27/05/2017

» The Industrial and Commercial Bank of China (ICBC), the Thai Bankers' Association and the Thai government's Eastern Economic Corridor (EEC) office have signed a memorandum of understanding (MoU) to lend support as well as loans to accelerate new investment in the government's flagship project.

BUSINESS

TOT hopeful for profit in 2019

Business, Komsan Tortermvasana, Published on 27/05/2017

» TOT Plc expects to turn a profit in 2019 after three straight years of heavy losses, helped by a recent mobile partnership deal with Total Access Communication (DTAC).

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BUSINESS

National Savings Fund seeks to widen net

Business, Wichit Chantanusornsiri, Published on 27/05/2017

» The National Savings Fund, a voluntary pension fund for 27 million self-employed workers, has raised the idea of allowing those already covered by the Government Pension Fund, the Social Security Fund or a provident fund to become NSF members.

BUSINESS

TV Direct upbeat after weak Q1

Business, Nanat Suchiva, Published on 27/05/2017

» SET-listed TV Direct Plc, a home shopping operator, is confident of achieving its full-year revenue target of 4 billion baht, up 17% from last year, because of an improving economy in the second half.

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BUSINESS

For the joy of Mushroom

Business, Post Reporters, Published on 27/05/2017

» Akarat Nitibhon offers a quiet laugh and smiles at the question.